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News Stories (15 Results) - Loans

Pioneer Capital Group announced a major expansion of its capacity to provide financing solutions for small to mid-sized businesses (SMBs). The company has added staff, relocated to the historic Ponce City Market in Atlanta, and expanded its customer... Read Story
August 29, 2019, 07:10 AM


Balboa Capital released findings from its new survey that show 75 percent of small business owners are familiar with unsecured business loans, and 60 percent acquired their loans from non-bank lenders.The survey was conducted to gauge small business... Read Story
August 21, 2019, 07:10 AM


Invoice2go and Square Capital announced a partnership that gives Invoice2go customers in the United States a fast, seamless way to access the funding they need to grow their business – from right inside their Invoice2go mobile app. This partnership... Read Story
April 22, 2019, 07:15 AM


Overseas Shipholding Group, Inc. (OSG), a provider of energy transportation services for crude oil and petroleum products in the U.S. Flag markets, announced two subsidiaries have closed on a financing from Wintrust Commercial Finance, a division of... Read Story
November 28, 2018, 07:20 AM


BNB Bank announced it will use PayNet’s Credit History Report and MasterScore v2 to digitize the bank’s loan approval process. PayNet will help BNB automate loan approvals, thereby decreasing turnaround time, improving customer experience and... Read Story
November 15, 2018, 07:10 AM


Huntington Bank is the nation's largest originator, by volume, of Small Business Administration (SBA) 7(a) loans at the close of SBA fiscal year 2018. This also marks the 10th year in a row Huntington has been the largest originator, by volume, of... Read Story
October 04, 2018, 07:23 AM


U.S. Bank has created a new, fully digital option for small businesses to apply for and receive a loan or line of credit.The digital process is part of a broader evolution of how the bank interacts with customers. Single-owner businesses within U.S.... Read Story
September 25, 2018, 07:28 AM


QuickBridge, a privately held financial services firm, announced its participation in Lendio’s turndown program. This partnership marks another milestone in QuickBridge’s commitment to providing business loans to small businesses nationwide. As one... Read Story
August 09, 2018, 07:15 AM


CIT Group Inc. announced its Franchise Finance team, part of CIT's Business Capital division, has closed a $25 million loan to La Palma, Calif.-based Friendly Franchisees Corporation. Friendly Franchisees is a leading owner and operator of Carl's Jr... Read Story
May 24, 2018, 07:20 AM


Small business loan approval rates at big banks ($10 billion+ in assets) bounced back in November to 20.8% after a setback month in October, according to the November 2014 Biz2Credit Small Business Lending Index, a monthly analysis of 1,000 loan... Read Story
December 11, 2014, 07:12 AM


According to a news release from Fitch Ratings, the firm believes that loan loss reserve releases by U.S. banks will continue, albeit at a declining pace as banks begin to approach normalized provisioning and net chargeoffs. After building up... Read Story
November 15, 2012, 07:14 AM


According to the IBSWorld Commercial Banking in the U.S.: Market Research Report, in the five years to 2012, commercial banking industry revenue is expected to grow 2.0% annually on average. According to the FDIC, commercial banks are starting to... Read Story
May 29, 2012, 07:00 AM


Nations Equipment Finance ("Nations") announced today that it has opened offices in Chicago, Cleveland and Tampa. These new offices are in addition to existing offices in New York, Dallas and their headquarters in Norwalk, CT. "We are experiencing... Read Story
March 08, 2012, 08:15 AM


CapitalSource announced financial results for the fourth quarter and the full year 2011. The Company reported net income for the quarter of $9 million, compared to net loss of $81 million in the prior quarter and net income of $6 million in the... Read Story
February 17, 2012, 07:00 AM


Growth projections remain strong among executives surveyed for PwC US’s Private Company Trendsetter Barometer: 78% expect positive growth over the next 12 months, with 35% projecting double-digit growth and 43% forecasting single-digit growth. The... Read Story
February 08, 2012, 06:30 AM